“This Budget is comprehensive and has touched most of the sectors and segments of the economy. The Entrepreneurship School is delighted with the FM’s announcement to allocate Rs 10000 for startup fund.  Providing risk capital to startups was long overdue and this initiative has the potential to kick start entrepreneurial revolution in India. However, the fine print of this announcement is to be seen. Previously, we have witnessed the poor efficacy of CGTSME scheme with respect to startups, where banks have only shown a strange nervousness in providing risk capital to start ups. We also welcome the new government’s initiative to promote incubation in different sectors like railways, technology and rural entrepreneurship. The Rs 200 cr fund to entrepreneurs from weaker section is welcome but a fund for women entrepreneurs is missing in this budget. Further, we have not heard much regarding the status or operational mechanism of National Innovation Fund, announced in the previous budget.”